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Update news foreign trade
Despite the recent difficulties, Vietnam’s import-export value almost hit US$500 billion in the first eight months of the year and is expected to rise to US$800 billion by year-end.
The General Department of Vietnam Customs reported the total import-export value of Vietnam in the first half of August 2022 has hit more than US$30 billion.
The Vietnamese dong currency remains remarkably stable while other currencies are sliding against the U.S. dollar. This situation makes foreign exchange rate management increasingly difficult. Foreign exchange rate under pressure.
Vietnam’s foreign trade surged 22.3 per cent year-on-year in the first 11 months of this year to exceed US$599.1 billion, according to the General Statistics Office (GSO).
Vietnam witnessed the growth of exports and imports in the first four months of 2021 hitting 10-year record high, data of the General Statistics Office (GSO) shows.
Many of Vietnam’s growth engines have posted impressive export-import performance, with Ho Chi Minh City, Bac Ninh, and Binh Duong being the top performers.
Experts have forecast bank credit growth in the second quarter to reach 3.5-4 percent, much higher than the rate in the first quarter.
While the supply of raw materials from China is recovering after a month of suspension, textile and garment businesses find that they have moved out of the frying pan into the fire as the COVID-19 pandemic
COVID-19 makes a reasonable time for businesses to kick off new ideas and get together to come over the hairy problem.
The achievements in Vietnam’s foreign trade in 2019 are definitely clear. However, to gain better results, it needs an insightful look into these achievements.
Vietnam’s exports are forecast to plunge in the first quarter of this year due to impacts of the acute respiratory disease caused by the new coronavirus (2019-nCoV).
Vietnam’s foreign trade is forecast to hit 500 billion USD at the end of 2019, according to the General Statistics Office of Vietnam.
On the occassion of PM Scott Morrison's official visit to Vietnam, Vietnamese and Australian businesses had a chance to explore partnership opportunities.